Rossignol Skis has decided to estimate the fixed and variable components associated with their repair activity.

They have collected the following data for the past six months.

TOTAL REPAIR

MONTH REPAIR COSTS HOURS

January $ $80010$

February $ $1,30020$

March $ $90015$

April $ $75012$

May $ $1,05018$

June $ $1,25025$

Required: Estimate the fixed and variable components for the repair costs using the high$-$low method.

Translate your results to predict the total cost of repairs if seventeen hours were used.